LPL Financial LLC Grows Stock Holdings in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY)

LPL Financial LLC grew its stake in iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 8.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,465,454 shares of the company’s stock after purchasing an additional 422,978 shares during the period. LPL Financial LLC owned approximately 1.84% of iShares 1-3 Year Treasury Bond ETF worth $446,254,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in SHY. WestEnd Advisors LLC purchased a new stake in shares of iShares 1-3 Year Treasury Bond ETF in the 2nd quarter valued at approximately $30,000. Financial Connections Group Inc. acquired a new position in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $31,000. Criterion Capital Advisors LLC purchased a new position in iShares 1-3 Year Treasury Bond ETF in the first quarter worth approximately $35,000. Future Financial Wealth Managment LLC acquired a new stake in iShares 1-3 Year Treasury Bond ETF during the first quarter worth $36,000. Finally, Mather Group LLC. purchased a new stake in iShares 1-3 Year Treasury Bond ETF in the first quarter valued at $39,000. Institutional investors and hedge funds own 23.62% of the company’s stock.

iShares 1-3 Year Treasury Bond ETF Stock Up 0.1 %

Shares of iShares 1-3 Year Treasury Bond ETF stock opened at $83.09 on Wednesday. The business’s fifty day simple moving average is $82.35 and its 200-day simple moving average is $81.77. The firm has a market cap of $24.64 billion, a PE ratio of 3,695.45 and a beta of 0.01. iShares 1-3 Year Treasury Bond ETF has a 52 week low of $80.62 and a 52 week high of $83.09.

iShares 1-3 Year Treasury Bond ETF Announces Dividend

The business also recently announced a dividend, which was paid on Friday, September 6th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.2883 per share. The ex-dividend date was Tuesday, September 3rd.

iShares 1-3 Year Treasury Bond ETF Company Profile

The iShares 1-3 Year Treasury Bond ETF (SHY) is an exchange-traded fund that is based on the U.S. Treasury 1-3 Year index. The fund tracks a market weighted index of debt issued by the US Treasury with 1-3 years remaining to maturity. Treasury STRIPS are excluded. SHY was launched on Jul 22, 2002 and is managed by BlackRock.